The Nvidia headquarters in Santa Clara, California, US, on Wednesday, Aug. 28, 2024. Loren Elliott | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Wall Street started the troublesome trading month of September with sharp declines. The S & P 500 , which closed its strong August on the upswing Friday, was down nearly … Read more
People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand from inflation-hit smartphone makers cools. Jung Yeon-je | Afp | Getty Images … Read more
CNBC’s Jim Cramer reviewed Tuesday’s market action, saying some of it seems more extreme than is actually warranted. “This market’s so ridiculous, you can knock it over with a feather or take it up with a breeze,” he said. “This isn’t the worst of times, it’s just the worst of times for the stocks in … Read more
A wafer of DISCO Corporation is pictured at the company’s booth at the Semicon Japan exhibition in Tokyo on December 16, 2022. Yuichi Yamazaki | AFP | Getty Images Asia-Pacific markets are set to fall on Wednesday, tracking losses on Wall Street after and tech stocks sold off and weak U.S. economic data sparked recession … Read more
A general drone view shows the Nafoora oil field in Jakharrah, Libya, August 27, 2024. Jawhar Deehoum | Reuters U.S. crude oil futures fell more than 1% on Tuesday, largely returning to where they were at the end of last year, as OPEC+ is poised to increase production in coming weeks and China’s economy remains … Read more
Shortly after the opening bell, we’ll be selling 10 shares of Eli Lilly at roughly $958 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 100 shares of LLY, decreasing its weighting to 2.85% from about 3.13%. Now that we are no longer restricted, we are selling some Eli Lilly shares. We downgraded Lilly … Read more
BEIJING — China’s property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing’s tech push, Milken Institute’s best performing cities China index showed Tuesday. Since 2015, the index has studied China’s large- and mid-sized cities for their economic vibrancy and growth prospects. The latest version generally compares … Read more
A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. James D. Morgan | Getty Images News | Getty Images Rolls-Royce shares opened higher Tuesday, making up … Read more
A MLB store in the Myeongdong shopping district in Seoul, South Korea, on Saturday, March 9, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed on Tuesday as investors assess South Korea’s August inflation numbers, which eased to its lowest level on a year-on-year basis since March 2021. The country’s consumer price index … Read more
